https://techcrunch.com/2020/03/17/trump-administration-proposes-850-billion-stimulus-package-to-stabilize-the-economy/

The Trump administration is heading to Congress to ask for a $850 billion stimulus package to stabilize an economy shaken by the dramatic response to the novel coronavirus, according to multiple reports. Citing multiple sources, stories in the Washington Post, New York Times, and CNBC report that Treasury Secretary Steven Mnuchin is presenting details to Senate Republicans later on Tuesday.

While the specifics of the planned stimulus package are limited, the White House is pushing for a payroll tax cut and another $50 billion in direct stimulus to help the airline industry, which has cratered as global quarantine rules have stymied air travel.Reportedly, the White House is also hoping to add more economic benefits for small businesses and employees in a new stimulus package, according to administration officials cited by The Washington Post.